PNV 2.77% $2.04 polynovo limited

I posted this in another thread, but is obviously more suited...

  1. 261 Posts.
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    I posted this in another thread, but is obviously more suited here;

    The conversation here about index rebalancing presumed that shorts would cover most/all their short if/when it happens.

    After fact checking what happens to short interest on index removal, the logical conclusion is that the big short on PNV will mostly remain post rebalance.

    DYOR
    Check the historic rebalance names here;
    Index Announcements (ASX 200) - Market Index

    Check the long term trend in short interest here;
    ShortMan - Short position graph for MSB

    Where the f*#k are they getting most of the 67m shares from???

    I'll tell you where... at much much higher prices, that's where.
 
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$2.04
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$2.00 $2.05 $1.99 $3.142M 1.550M

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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
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